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2-Unit Duplex with Granite Kitchens
New
For Sale
$999,000

22790 Bayview Avenue, Hayward, CA 94541

Tile floors, updated paint, and window coverings are provided in both residences.

Property Size2,034 SF
Price / SF$491.15
Days on Market4

Property Features for 22790 Bayview Avenue

General Information

Standard status Active
Size 2,034 SF
Property subtype Multi-Family

Building Details

Year Built 1952
Listing Agency: Trotter Properties
Listed By: Inspired Real Estate Group Inc
Source: Inspiredrealestategroup
Added: Oct 4 Changed: Oct 6 Last Checked: Oct 5 at 5:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trotter Properties

Investment Insights

Based on property information with market context.

Built in 1952, this duplex contains two separate residences totaling approximately 2,034 square feet. Interior features include tile flooring, granite kitchen countertops, window coverings, and recently applied paint. Each unit has a refrigerator and a new water heater; one also has an updated shower and tub. The property is in Hayward, California.

Key Highlights

  • Two‑unit duplex with approximately 2,034 square feet
  • Granite kitchen countertops and tile flooring
  • Both units have new water heaters and refrigerators

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,852
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,040 $877.0K
Cap Rate 7%
$626,457 $626.5K
Cap Rate 9%
$487,244 $487.2K
Market Conditions
NOI Build-Up for 2,034 SF
Gross rent
$65.9K $32.40/SF
− Vacancy
−$3.3K −$1.60/SF
EGI
$62.6K $30.80/SF
− OpEx
−$18.8K −$9.24/SF
NOI
$43.9K $21.56/SF
Area
Hayward, CA
Vacancy
4.94%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,040
Cap Rate 7%
$626,457
Cap Rate 9%
$487,244

Alternative Uses

Best Use
Multifamily LT 5
$626.5K
$548.2K – $730.9K (±1% cap)
NOI $43,852 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$563.6K
$493.2K – $657.5K (±1% cap)
NOI $39,452 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$628.8K
$550.2K – $733.6K (±1% cap)
NOI $44,013 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Law Firm Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby

Demographics for 94541, CA

69,736
Population
23,217
Households
3
Avg Household Size
36
Median Age
30%
College-Educated
82%
High-School Grad
7.5 sq mi
ZIP Area
9,298
Density / Sq Mi
$106,556
Median Household Income
$52,023
Median Earnings
$2,229
Median Rent
$781,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Tile floors, updated paint, and window coverings are provided in both residences.
Where is this duplex located?
The property is located at 22790 Bayview Avenue Hayward, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 2,034 square feet; Granite kitchen countertops and tile flooring; Both units have new water heaters and refrigerators
More about this property
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